Wireless Speaker Market in US 2020-2023: Size, Share, Industry Price, Report & Forecast


News provided by

Shibuya Data Count

Feb 03, 2021, 06:47 EST


Shibuya-ku, Tokyo, Japan, Japan, Feb 03, 2021, 06:47 /Comserve / -- The major vendors in the US market are: Alphabet (Google), Amazon.com, BEATS Electronics (Apple), Bose, HARMAN International (Samsung), Sonos, Sony

This market research report on US wireless speaker market offers analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by connectivity type (Bluetooth speaker and wifi-speakers), by price range (low-end, mid-range, and premium), by end users (residential and commercial end-users), and by distribution (retail and online).

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-91342

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

The major vendors in the US market are:

• Alphabet (Google)
• Amazon.com
• BEATS Electronics (Apple)
• Bose
• HARMAN International (Samsung)
• Sonos
• Sony

Key Vendor Analysis

The US wireless speaker market is very concentrated and the top players control over 90% of the market share. The rapid changes in technological environment is boosting consumer expectations and intensifying the competition in the US market. The manufacturers focus on continual innovations and upgrades will help them sustain the level of competition in the market. The increasing investment in the development of Bluetooth-only based, Wi-Fi-only based devices, and hybrid systems will help vendors gain a larger market share. The introduction of systems with high functionality and innovative designs will lead players attract larger group consumers in the US wireless speaker market during the forecast period.

US Wireless Speaker Market - Segmentation
This market research report includes a detailed segmentation of the market by connectivity type, price range, end-user type, and distribution channels.

Segmentation of US Wireless Speaker Market

US Wireless Speaker Market – By Connectivity
Advanced battery technology for Bluetooth Speaker will boost sales in the US wireless speaker market during forecast period

The US wireless speaker market by connectivity is segmented into Bluetooth speaker (traditional Bluetooth speaker, waterproof Bluetooth speaker, and rugged Bluetooth speaker) and Wi-Fi speaker (Wi-Fi only speaker, hybrid speaker, smart speakers, non-smart speakers, singleroom speaker, and multiroom speaker). Bluetooth speakers dominated a significant portion of the market share in 2017, growing at a CAGR of around 11% during the forecast period. The increasing focus on production innovation and launch of systems with a unique design and latest technology is fueling the growth of this segment in the US market. The increasing investment in battery technology will help manufactures boost the battery backup in Bluetooth speakers in the US market. These innovations have led to the improvement of battery capacity that can run continuously up to 16 to 24 hours in a single charge. Moreover, the innovations in Bluetooth technology, introduction of new models, and decreasing ASP are some of the major factors augmenting the growth of this segment in the US wireless speaker market.

US Wireless Speaker Market – By End-Users
Residential segment are the largest end-users in the US wireless speaker market

The end-users segment in the US wireless speaker market is classified into residential end-users and commercial end-users. The residential end-user occupied the largest market share in 2017, growing at a CAGR of approximately 14% during the forecast period. This end-user segment consists of individuals who buy speakers for their home use or residential purposes. The smart home users form the largest users of these innovative systems in the residential segment. These speakers are widely used as home entertainment systems by individuals in the US market. These find applications for music streaming via smartphones or PCs among end-users in the US market. Some households may have more than one speaker installed thereby, driving the demand for these sound reinforcement devices in the market. Multi-room speakers are gaining massive popularity and boosting growth of the US wireless speaker market.

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-91342

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

Table of Content

1 Research Methodology
2 Research Objectives
3 Research Process
4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study
4.3.1 Market Segmentation by Connectivity Type
4.3.2 Market Segmentation by End-user Type
4.3.3 Market Segmentation by Distribution Channel Type
4.3.4 Market Segmentation by Price Range
4.3.5 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Inclusions
5.3 Exclusions
5.4 Currency Conversion
5.5 Market Derivation

The growing presence of online retailers such as Amazon and eBay offering a wide range of products from several vendors will boost the sales and revenues in the US market. The leading manufacturers are investing in the R&D of innovative products that can add value, enhance home experience, and offer the ease of convenience to attract maximum number of consumers in the market. The US wireless speaker market is anticipated to reach revenues of approximately $12 billion by 2023, growing at a CAGR of more than 13% during 2018-2023. The report also provides market size details in terms of unit shipment during the forecast period.

Key market insights include

1. The analysis of US wireless speaker market provides market size and growth rate for the forecast period 2018-2023.
2. It offers comprehensive insights on current industry trends, trend forecast, and growth drivers about the US wireless speaker market.
3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.
4. It offers a complete overview of market segments and the regional outlook of US wireless speaker market.
5. The report offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage.

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.


For more information, please contact:

Lauren Brown

Shibuya Data Count
Email: sales@sdki.jp
Tel: + 81 50 50509159

Related Links
https://www.sdki.us/



Also from this source


Global Metal 3D Printing Market and Revenue Analysis Insights by Latest Trends, Top Key Players, Future Growth, Revenue and Demand Forecast - (2021-2026)

Metal 3D Printing is a laser-based technology used for the production of complex structures and smal


Thiocolchicoside Market : Industry Report, Growth, Price, Trends and Forecast 2020-2027

Competitive Analysis: Alchem International, Indena Spa, Reva Pharma, Yeshua Pharma, Nuova Linnea, Al